Drawback rate reduction alters the notified rate for export drawback under Customs and Central Excise Drawback Rules.
Amendment reduces the notified drawback rate by substituting the previously specified percentage with a lower percentage in Rule 8(1) of the Customs and Central Excise Duties Drawback Rules, 1995, enacted by the Customs and Central Excise Duties Drawback (Second Amendment) Rules, 1996, effective the day after notification under powers conferred by the Customs Act and the Central Excise Act.

Notification amendment: substitution of the named official and designation in a Gazette regulatory notification.
The Central Government, under powers conferred by the Securities and Exchange Board of India Act, substitutes the former official's name and designation in the principal Gazette notification S.O.195 (E) with a new name and the designation "Secretary," effecting a textual amendment limited to the replacement of the named signatory in that notification.

Cancellation of share certificates under depositories framework exempted from application of issue-of-share-certificates rule by specified regulations.
The amendment inserts a proviso to rule 9 after sub-rule (2) clarifying that that sub-rule does not apply to cancellation of certificates of security under the Depositories Act, 1996 when such cancellations are made in accordance with sub-regulation (5) of regulation 54 of the SEBI (Depositories and Participants) Regulations, 1996 read with section 25 of the Depositories Ordinance, 1996.

Anti-dumping duty on 8-Hydroxyquinoline imposed for imports from China; designated exporters face specified rates under Customs Tariff Act.
The Central Government, invoking section 9A of the Customs Tariff Act read with rule 13 of the Anti dumping Rules, imposed an anti dumping duty on 8 Hydroxyquinoline originating in the People's Republic of China based on preliminary designated authority findings of dumping. The notification prescribes exporter specific duty rates in the annexed Table and a rate for other exporters, tying applicability to the exporter listed at importation.

Permanent Account Number deadline specified: filing applications for the new PAN series must be submitted by 30 November.
Specification of the final date for applying for allotment of Permanent Account Numbers under the new series, fixed as the 30th day of November, 1996 under the power conferred by subsection (4) of section 139A of the Income-tax Act, 1961, applying to every person required to file such an application for assessment year 1996-97.

Foreign institutional investor eligibility expanded to include university and charitable funds, subject to registration and governance checks.
Amendments permit university funds, endowments, foundations and charitable trusts or societies to seek FII registration, subject to Board assessment of existence, cross-border investment permissibility, statutory registration and absence of legal proceedings. Annexure A requires details on sponsors, objectives, activities, prior foreign securities investments, registration status, fund management and incorporation documents. The rules also create a fee exemption and refund mechanism for certain aid institutions afforded central-government privileges.

Interest on delayed customs duty fixed under Section 28AB, later superseded by a subsequent notification issued in 2000.
The Central Board, under the Customs Act, prescribes a statutory rate of interest to be charged on delayed payment of customs duty in special cases where Section 28AB applies, establishing the administrative interest obligation for recoveries; this notification was later superseded by a subsequent notification in 2000.

Interest on delayed duty fixed under statute, increasing statutory interest liability for unpaid central excise dues.
The Central Board of Excise and Customs, under the Central Excise Act, fixed the rate of interest at twenty per cent per annum for purposes of the statutory provision governing interest on delayed payment of central excise duty by Notification No. 34/96-C.E. (N.T.), dated 9-10-1996; that notification was subsequently superseded by Notification No. 08/2000-C.E. (N.T.).

Customs exemption for specified inputs in diamond exports for authorised Diamond Credit Book Scheme exporters when imported as inputs.
Exemption for special industrial adhesives, gums and solutions and synthetic diamond powder imported as inputs by exporters under the Diamond Credit Book Scheme, limited to a proportion of the Free On Board value of cut and polished diamond exports, from customs duty in the First Schedule, the specified special duty, and the additional duty under section 3 of the Customs Tariff Act.

Rescission of customs tariff notification: executive power used to withdraw a prior exemption-related notification.
The Central Government, invoking its executive power under section 25(1) of the Customs Act, 1962, rescinds an earlier customs tariff notification concerning effective rates of customs duty on goods in Chapters 4 to 98 on the stated ground of necessity in the public interest, thereby removing the prior Ministry of Finance (Department of Revenue) customs notification dated 23rd July, 1996 and altering the administrative framework for the related miscellaneous exemption notifications.

Special Excise Duty exemption for specified imports, with conditional baggage and tariff-heading-based exemptions for listed goods.
Notification exempts specified imported goods from Special Excise Duty under the Finance Act, providing full exemption for listed tariff items and targeted partial exemption for baggage items exceeding duty free allowance. Exemptions are subject to any pre-existing conditions attached to customs exemptions or Free-rate import conditions. The list identifies goods by First Schedule tariff headings and subheadings, covering categories such as baggage exemptions, goods already free or wholly exempt, specified agricultural and industrial headings, potassium sulphate within a specified composition, aeroplane engines and parts, and automatic circuit breakers with stated use exclusions.

Effective rate of duty amended to apply a specified ad valorem tariff to non-rayon wood pulp goods.
Amendment of Notification No. 36/96 Customs inserts, after serial No. 80, a new table entry applying an effective rate of duty to Chapter 47.02 goods described as "All goods other than rayon grade wood pulp," thereby specifying a uniform ad valorem tariff rate for those items within the notification's tariff schedule.

Section 11AC compliance added to rule 173Q, aligning sub rule(1) with rule 57 I and rule 57U.
An amendment substitutes the introductory proviso in sub rule (1) of rule 173Q to read that the provision is subject to the provisions contained in section 11AC of the Act and to the existing provisos of rule 57 I and rule 57U, thereby expressly conditioning rule 173Q(1) on the statutory provision as well as the two rule provisos; the amendment takes effect on publication in the Official Gazette.

Rescission of additional duty notification under section 5A: central government revokes prior tariff notification in public interest.
The Central Government, exercising the power under sub-section (1) of section 5A of the Central Excise Act, 1944, rescinds Notification No. 16/96-Central Excises, which had prescribed the effective rate of additional duty for specified goods of Chapters 15 to 96, on the ground that such rescission is necessary in the public interest.

Additional duty withdrawal for specified goods: government amends notification to omit certain tariff entries, altering duty applicability.
The government amends Notification No. 17/96-Central Excises (23 July 1996) to withdraw the effective rate of additional duty for certain goods of Chapters 17, 24, 55, 58 and 60 by omitting S. Nos. 1, 2, 3, 4, 5, 6, 9 and 11 and their related table entries, under statutory powers and in the public interest.

Supersession of exchange governing board appoints independent administrator to address illegal off floor and carry forward trading practices.
Widespread unreported off the floor and carry forward transactions at the Pune Stock Exchange, including participation by elected directors and evasion of margin requirements, demonstrated systemic governance and compliance failures. The regulator found the Governing Board's oversight ineffective and, invoking statutory powers, ordered the supersession of the Governing Board for a fixed period and appointed an interim administrator to assume the Board's powers, suspend the Executive Director's governing role while retaining him to assist, and adjourn director elections pending further orders.

Construction welfare cess fixed at 1% of construction cost under the statutory welfare framework.
The Central Government specified a cess for the purposes of the Building and Other Construction Workers welfare framework at the rate of 1% of the cost of construction incurred by an employer under section 3 of the Building and Other Construction Workers Welfare Cess Act, 1996. The notification superseded an earlier notification and fixed the cess as a percentage of construction cost, establishing the contribution basis for the statutory welfare cess applicable to construction activity.

Exchange rate determination for export goods fixes official foreign currency conversion rates under the Customs Act.
The Central Government, under the Customs Act, determines official exchange rates for specified foreign currencies for export goods, superseding the earlier notification of 27 August 1996 and applying with effect from 1 October 1996; two appended schedules set per unit and per 100 unit rupee equivalents for listed currencies to be used for export valuation and related customs procedures.

Exchange rate determination for imported goods: prescribed currency conversion rates now govern stamp duty and customs conversions.
Prescribes fixed conversion rates for specified foreign currencies to be used for calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act in relation to imported goods; the rates set out in Schedule I and Schedule II are declared operative for conversion into Indian rupees or vice versa from the notified commencement date, and the notification supersedes the earlier notification.

Appointment of Member: Chief Economic Adviser named as SEBI Member through amendment to notification.
Central Government, under section 3 read with section 4 of the Securities and Exchange Board of India Act, 1992, substitutes the entry at serial number 2 in the earlier notification to designate Dr Shankar N Acharya, Chief Economic Adviser, Ministry of Finance, Department of Economic Affairs, Government of India, as Member of SEBI, and records the amendment references and prior amendments to the principal notification.